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A little bit old news, but didn't find any posts about it in my search (edit: found the old thread - whoops >_>). I must say - may be a domestic, but I'm kind of excited. 440 naturally aspirated horsepower, forged pistons, Recaros, Brembos I do wish the Laguna Seca did come without the red accents, though - specifically on the rims.

The latest special edition Mustang comes with plenty of items that will excite road racing fans - an upgraded clutch, short-throw shifter, adjustable suspension, improved brakes and a more potent version of the 5.0-liter V8 that produces 440 horsepower and 380 lb-ft torque thanks to a new intake and more aggressive camshafts. Ford claims the Boss 302 will be able to break 1.0g and lap a typical road course two seconds faster than the standard Mustang GT. Ford engineers even reportedly benchmarked the BMW M3 when developing the Boss 302, aiming to beat the famous Bavarian coupe around Laguna Seca, which they claim to have achieved.

The exterior is inspired by the original 1969 model with either a black or white roof panel, C-stripe, closed fog lamp openings and a more aggressive front splitter and rear spoiler. Available colors are more eye-catching than the standard choices and include Competition Orange, Performance White, Kona Blue Metallic, Yellow Blaze Tri-Coat Metallic and Race Red.

2010 Boss 302 owners will enjoy a more aural experience from the cockpit thanks to eleven pounds of sound-deadening material removed from the car. The interior also gets a dark metallic finish for the instrument panel, gauge cluster and door panel trim, Alcantara-covered steering wheel and an optional package with Recaro high performance seats.

Finally, Ford is also planning to release a limited number of Boss 302 Laguna Seca models (right) that offer more body stiffness, a stronger chassis and an aero package lifted straight from the Ford Racing Boss 302R.